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ckPEPE reserves Fully backed

Backed by PEPE (ERC-20) held by the minter on Ethereum.
100.069%
reconciled backing
Every ckPEPE is backed: net reserves are 100.069% of supply after setting aside 0 owed to withdrawals in flight. The surplus of 329000 is fees the minter has accumulated. No complete native-chain reading is available right now, so this rests on the minter's own accounting.
Supply on IC
476,699,082.076468
etik7-oiaaa-aaaar-qagia-cai icrc1_total_supply
Minter reserves
477,028,082.076468
first party: the minter's own accounting
Native chain
n/a
unavailable
Withdrawals in flight
0
0 requests, burned on the IC, native funds not yet final
Deposits awaiting mint
0
Raw ratio
100.069%
reserves over supply, no adjustments
Tolerance
0.10%
from this asset's own run-to-run noise, ceiling 1%
Checked

Reconciliation

LineAmountTrustNote
ckPEPE supply on the IC476,699,082.076468first-partyicrc1_total_supply of the ledger canister
+Reserves, minter's own accounting477,028,082.076468first-partyreported by the minter canister, which holds the threshold key
-Withdrawals in flight0first-partyalready burned on the IC, native payout not sent or not final yet: these funds belong to the withdrawers
-Deposits awaiting mint0first-partyseen by the minter on the native chain, tokens not minted yet
Net reserves backing the supply477,028,082.076468derivedreserves minus withdrawals in flight minus deposits awaiting mint
Surplus over supply329,000derivednet reserves minus supply
Fees held by the minterunknownfirst-partythis minter does not publish a fee total: its surplus is accumulated fees, which we cannot itemize

Native sources

SourceReadingBlockCoverageNote
publicnodefailed26037011completeError: publicnode 429
llamarpcfailed26037011completeError: llamarpc 525
Minter itself477,028,082.076468completeckETH minter get_minter_info and /dashboard (NNS-controlled canister)

Over time

Reconciled backing ratio

ckPEPE supply

Minter reserves

Supply change per interval (mints minus burns)

Canisters behind it

CanisterRoleCyclesRunwayHealth
ckETH Mintersv3dd-oaaaa-aaaar-qacoa-caiMinter404.6 T~42 dAt risk
ckPEPE Ledgeretik7-oiaaa-aaaar-qagia-caiLedger70.98 T~302 dHealthy

A minter running low on cycles is a reserve risk too: it holds the threshold key that moves the native funds. Lifeline alerts cover both canisters, and any controller or code change on them.

Native addresses

Minter address (threshold ECDSA)

0xb25eA1D493B49a1DeD42aC5B1208cC618f9A9B80

ERC-20 deposit helper contract

0x6abDA0438307733FC299e9C229FD3cc074bD8cC0

PEPE token contract

0x6982508145454Ce325dDbE47a25d4ec3d2311933

last observed block
26036928
last eth scraped block
26036928
last erc20 scraped block
26036928
pending in count
0

How to verify this yourself

  1. Read the supply on the IC: call icrc1_total_supply on the ledger etik7-oiaaa-aaaar-qagia-cai (any IC client, or the dashboard link above).
  2. Read what the minter says it holds: open the minter's own dashboard at https://sv3dd-oaaaa-aaaar-qacoa-cai.raw.icp0.io/dashboard. The minter is an NNS-controlled canister; its code is public and its upgrades are voted on.
  3. Check the native chain: look up the addresses above on any explorer. The minter address holds the ETH and every ERC-20 balance; the helper contracts forward deposits to it.
  4. Subtract withdrawals in flight (burned on the IC, funds not yet final on the native chain) and compare with the supply. That is the reconciled ratio above.